US Treasury Secretary Mnuchin Thinks Outlook for Bitcoin Is Bleak

in #bitcoin6 years ago

Mnuchin added later in today’s interview, “I think the dollar is the reserve currency in the world. It’s in our interest. We want to maintain it.”

Interesting article about what Mnuchin thinks about bitcoin and the US dollar. I guess he has to say that, bitcoin is clearly better run than the US dollar, and I think even Mnuchin can see the handwriting on the wall, it's just a matter of putting it off for as long as he can. Even if there was no bitcoin, the dollar is going to have serious trouble in the future, I think most people with a basic understanding of economics can see that. We'll see....

Read the full story here...
https://www.coindesk.com/ius-treasury-secretary-mnuchin-thinks-outlook-for-bitcoin-is-bleak

Sort:  

....cattle rancher says veganism is in decline and has a dim future.

Non event.

Posted using Partiko Android

Bitcoin is around $9,800 right now.....

This post has received a 1.96% upvote from @terasusbot
Please choose @terasusbot to add value to your publications.
Voting power every 2,4 hours.
Vote Value : $0.02, Min Bid : 0.01 Steem / SBD
Max Age : 20 min / 3,5 days, Min-Max Roi : -10% / 15%
https://404ca10f.ngrok.io/api/bids

You got a 14.55% upvote from @spydo courtesy of @onthehook8! We offer 100% Payout and Curation. Thank you.

Thanks

You got a 22.78% upvote from @brupvoter courtesy of @onthehook8!

You got a 0.51% upvote from @minnowvotes courtesy of @onthehook8!